New century, the leading edge of this year's gross margin LED population

LED upstream epitaxial photoelectric factory in the new century in December 10th to 68 yuan per share listing, the new century photoelectric gross margin reached 47%, ranking the industry's crown, new century photoelectric developed single chip global exclusive spontaneous white light, underwriter of Yongfeng securities estimates, this year the new century photoelectric per share after tax net income reached 4.21 yuan the boss, is expected to exceed the epitaxial wafer photoelectric.

The new century photoelectric three quarter revenue 736 million yuan, gross margin was 47%, before the three quarter net income of 213 million yuan, at present the share capital of 620 million yuan per share calculation, net income is 3.43 yuan, and crystal electricity up to 5 billion 539 million yuan compared to equity, equity is relatively small, 3.04 yuan more than the third quarter EPISTAR the new century, 27 in the emerging stock market close to 88.3 yuan, down 2.47 yuan.

At present the main corporate shareholders for the Yongfeng new century photoelectric holdings and Southern China holdings, two stake of nearly 10%, while Pinjia holds 3% of the new century, in the listing for the photoelectric 500 million yuan cash capital increase, LED industry and panel factory to participate in the subscription.

The new century photoelectric chairman Zhong Ren wide said 27 days, the new century MOCVD epitaxy machine currently has 21 units, and the biggest difference is that the main crystal electric sales Lei chip, to the end of the new century the monthly production capacity could reach 25 thousand, and the largest of the new century is a niche in the efficiency of green LED industry leader, so gross profit margin can reach as high as 47%, the green LED accounted for 57%, not too with the application of LED in medium and small size backlight increased significantly, the new century next year a substantial increase in the proportion of blue light LED, the proportion of blue LED next year will increase to 60% to 70%.

Zhong wide Ren stressed that although there is no "new century photoelectric rich dad", but the new century in the LED industry has a photoelectric niche, including green LED performance, production capacity of the new century photoelectric is the best in Taiwan is also the largest in the world, is the first factory, on the other hand, the new century is the world's only company launched a single chip spontaneous white light LED products, because the blue LED grain without fluorescent powder, but in polycrystalline chip direct growth of double emitting layer, a mixture of white light, but can greatly reduce cost, stability and antistatic properties reached the world level, the future plans to apply the technique in LED lighting.

For the prosperity of the industry next year LED view, Zhong Kuanren optimistic, is the main demand of small and medium size backlight, and notebook computers have also begun using LED backlight, Yongfeng securities estimates the new century photoelectric revenue next year is expected to reach 1 billion 500 million yuan, gross margin by Yu Lan LED light proportion to improve, decline to 39.8%, net profit of 5.27 yuan per share after tax.

Source: Taiwan Economic Daily